FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
FxWirePro- Woodies Pivot(Major) 
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70 
FxWirePro: EUR/NZD steadies ahead of ECB meeting 
FxWirePro: USD/ZAR bears maintain upper hand 
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
USDCHF trades higher for consecutive days and hits high on board-based US dollar buying. The pair gained momentum after hawkish FOMC meeting minutes. US PCE data came above estimates and also pushed USDCHF further higher. US Personal Consumption Expenditure YoY increases to 4.7% in Jan vs. forecast of 4.3%. It hits an intraday high of 0.94289 and is currently trading around 0.94197.
US new home sales rose 7.2% to an annualized pace at 670000, above the estimate of 620000.
Major economic data:
US durable goods order
US Pending home sales
According to the CME Fed watch tool, the probability of a 50 bpbs rate hike in Mar jumped to 27.7% from 18.1% a week ago.
The US 10-year yield recovered above 3.95% after a minor sell-off. The US 10 and 2-year spread widened to -89 basis points from -77% bpbs.
Technically in the 4-hour chart, the pair is holding above short-term (21 and 55 EMA) and above long-term 200 EMA (0.92611). Any daily close above 0.9410 confirms further bullishness; a jump to 0.9465/0.9500 is possible. Significant bullish continuation only if it breaks 0.9600.
9270/0.9220/0.9160/0.9130 is possible.
The near-term support is around 0.93800 and any breach below targets is 0.93500/0.9300/0.9230.
Indicators (4-hour chart)
CCI (50)- Bullish
ADX- Bullish
It is good to buy on dips around 0.9380 with SL around 0.9320 for the TP of 0.9500.
